Peab issues commercial papers

Peab issues commercial papers Peab has established a program for commercial papers. The program gives Peab the possibility to issue commercial papers amounting at most to SEK 1.5 billion. The duration of the commercial papers is at the most 12 months. The borrower is Peab Finans AB with guarantee from Peab AB. The arranger of the program is Swedbank and the dealers are Swedbank and Nordea. - With this program for commercial papers, Peab gets the possibility to borrow at the money market. The conditions for this kind of borrowing are at the moment favourable, says Peab's MD Mats Paulsson. For further information contact: Mats Leifland, CFO Peab +46 733 37 10 06 Gösta Sjöström, information manager Peab +46 733 37 10 10 Previous press releases from Peab are available at www.peab.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/16/20040616BIT00330/wkr0001.pdf

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Peab is one of the leading Nordic construction and civil engineering companies with about 15,000 employees and net sales of SEK 49 billion. The Group has strategically located offices in Sweden, Norway and Finland. The Peab's registered office is located in Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on Nasdaq Stockholm

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